Recession

It's "Judgment Time": Goldman Sees Three Options For Traders

Judgment Time … Options Include: 1) get bearish S&P for a trade; 2) don’t fight the primary trend -- this is a melt-up, and there are good (macro) reasons behind it; 3) simplify the portfolio; wait for better location to re-load length.

Weekend Reading: Lack Of Perspective

"While it is often said it is only “time IN the market” that matters, investors must remember “time” is the one commodity we can not replace."

Millennials Don't Consider Themselves Adults Until 30

The median age of millennials is 30 - meaning that half are older and half are younger - and 30 happens to be the age at which millennials tend to self-identify as adults according to new research by CBS.

5 Financial Myths You Should Ignore

The financial terrain is strewn with robust fables cleverly disguised as facts... The tenacious nature of outdated financial tenets is never questioned.

The Echo Chamber Of Elite Economists: Often Wrong, Never In Doubt

Despite what appears to be an inflection point of radical change, most of which remains unknown, the consensus opinion of professional economists and markets, in general, are well-aligned, optimistic and seemingly convinced about how the economy and markets will evolve throughout the year.  The consensus forecast based upon an assessment of economic projections from major financial institutions appears to be the result of a Ph.D. echo chamber, not rigorous independent analysis.

Venezuela Stops Publishing Money Supply Data For Obvious Reasons

More than a year after hyperinflating banana republic Venezuela stopped reporting official inflation data, Venezuela has stopped publishing money supply data, depriving the general public of the last, and best, available tool to ascertain soaring inflation in what has become the world's worst-performing economy.